| A large number of companies are gearing up for | | | | the best results, while others are produced in the |
| sourcing products from China. Companies like | | | | country. This can be done after a thorough |
| Carrefour have China sourcing for a large range | | | | market analysis. One such company is Ford |
| of their products with a 40% cut in expenditure | | | | Motors. It is very important to realize that it is |
| as compared to buying those products from their | | | | not as easy to relocate all the sourcing strategies |
| respective countries. Products like chemicals, basic | | | | in a small period of time. In global sourcing, many |
| commodities, packaging, molding, casting, small | | | | companies have failed to meet the requirements |
| machining and many other products or | | | | due to lack of analysis and planning. This was |
| components are an important part of China | | | | because evaluating suppliers and managing supply |
| Sourcing. Intelligent companies source only a | | | | chain operations turned out to be a little more |
| fraction of their components where they can get | | | | complex then assumed. |